5 / 163

OpenAI to Raise an Additional $10 Billion in Funding From Financial Investors

TL;DR

OpenAI expects to raise an additional $10 billion from financial investors by the end of March, adding to the $110 billion it’s secured from SoftBank, Amazon and Nvidia, according to a person with knowledge of the discussions. That additional funding will bring OpenAI’s post-investment valuation ...

Nauti's Take

$120 billion raised and still hungry. Anyone who thinks OpenAI is competing for market share has misread the game — this is about embedding AI infrastructure so deep that nobody gets out.

Summary

OpenAI expects to raise an additional $10 billion from financial investors by the end of March, adding to the $110 billion it’s secured from SoftBank, Amazon and Nvidia, according to a person with knowledge of the discussions. That additional funding will bring OpenAI’s post-investment valuation ...

Sources